About the recent rally in bitcoin:native


What do you know? Onchain tells the same story as good ol' boring Price Action (bearmarket rally):
"The 7D-SMA of US Spot ETF Netflow dropped to -$88M/day, the largest outflow since mid-February.
February's outflows occurred into price weakness.
This wave is selling into strength, with BTC trading near 80k. Institutional participants were using the recovery over the recent days as an exit, not responding to fear."
But hey...expect 100k soon as a lot were pushing last weeks on this app.
IN1.85%
BTC2.19%
OL0.98%
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